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InterDigital Inc

InterDigital Inc (IDCC)

136.97
1.89
( 1.40% )
Updated: 14:52:05

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Key stats and details

Current Price
136.97
Bid
137.02
Ask
137.23
Volume
96,206
135.13 Day's Range 137.47
74.65 52 Week Range 140.60
Market Cap
Previous Close
135.08
Open
135.84
Last Trade
8
@
137.1762
Last Trade Time
14:52:01
Financial Volume
$ 13,116,056
VWAP
136.333
Average Volume (3m)
407,314
Shares Outstanding
25,129,764
Dividend Yield
1.31%
PE Ratio
0.00
Earnings Per Share (EPS)
-
Revenue
549.59M
Net Profit
214.07M

About InterDigital Inc

InterDigital Inc is a research and development company focused on wireless visual and related technologies. it designs and develops technologies that enable connected immersive experiences in a broad range of communications and entertainment products and services. The company derives revenue from pa... InterDigital Inc is a research and development company focused on wireless visual and related technologies. it designs and develops technologies that enable connected immersive experiences in a broad range of communications and entertainment products and services. The company derives revenue from patent licensing and sales with contributions from technology solutions licensing and sales and engineering services. However the majority of revenue is recurring in nature as it is from current patent royalties and sales as well as technology solutions revenue. Interdigital is focused on two technology areas: cellular wireless technology and Internet of Things technology. Show more

Sector
Patent Owners And Lessors
Industry
Patent Owners And Lessors
Headquarters
Wilmington, Delaware, USA
Founded
-
InterDigital Inc is listed in the Patent Owners And Lessors sector of the NASDAQ with ticker IDCC. The last closing price for InterDigital was $135.08. Over the last year, InterDigital shares have traded in a share price range of $ 74.65 to $ 140.60.

InterDigital currently has 25,129,764 shares outstanding. The market capitalization of InterDigital is $3.39 billion.

InterDigital (IDCC) Options Flow Summary

Overall Flow

Bullish

Net Premium

126k

Calls / Puts

100.00%

Buys / Sells

100.00%

OTM / ITM

0.00%

Sweeps Ratio

0.00%

IDCC Latest News

InterDigital Wins Two CSI Awards for Best Immersive Video and Video Processing Technology

WILMINGTON, Del., Sept. 16, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, was awarded two CSI Awards recognizing...

InterDigital Announces Annual Recurring Revenue Target Of $1 Billion By 2030

WILMINGTON, Del., Sept. 16, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, has announced targets of $1 billion in...

Interdigital Announces Increase of Regular Quarterly Cash Dividend

WILMINGTON, Del., Sept. 10, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of...

At 6GSymposium, InterDigital to Lead Crucial Discussions on Emerging Use Cases and Avenues Towards 6G Profitability

WILMINGTON, Del., Sept. 09, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, announced its return to the...

InterDigital to Showcase Excellence in Broadcast and Immersive Video Solutions at IBC 2024

WILMINGTON, Del., Aug. 29, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, will showcase state-of-the-art video...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
14.493.38919082126132.48137.47131.29296393134.69396688CS
40.870.639235855988136.1139.37129.76293991134.33821828CS
1220.6617.7628750752116.31140.6115.1407314130.86356846CS
2633.832.7614616652103.17140.695.33458009115.88469847CS
5254.8666.812812081482.11140.674.65423080109.00939778CS
15670.1104.83026768466.87140.640.2331873786.48426467CS
26083.27155.06517690953.7140.631.0428587877.90933765CS

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IDCC Discussion

View Posts
my3sons87 my3sons87 1 hour ago
Maybe when the Samsung arbitration rate decision is announced a number of the shorts will be toasted on a margin call. At least I hope so.

I am tired of the collar on the share price.
👍️0
vegas options vegas options 1 day ago
tnyellowtomcat, A person can only stay short as long as they can cover the margin calls.
👍️0
tnyellowtomcat tnyellowtomcat 1 day ago
Imagine being delusional enough to think that perhaps a nuclear war will save you from a money losing short of IDCC stock!!

Tomcat
👍️0
tnyellowtomcat tnyellowtomcat 1 day ago
Vegas,

Over decades, many companies finally go bust (or become huge or get bot), or perhaps the world ends?

Perhaps our shorts are willing to wait for decades, instead of giving up and taking their losses now? Can you imagine paying dividends on shorted shares for ... decades?? Then there is the REAL possibility of compounded capital losses!

For example: Can you imagine shorting Google shortly after its IPO, then getting stubborn and staying short?

Tomcat
👍️0
vegas options vegas options 3 days ago
Badgerkid, The important takeaway from the short interest is that since 7/15 short interest has been around 5M. The high was only around $123 so whoever covered the 600K decided they had enough and ate a big loss. Another word to the wise do not play Alabama...
👍️0
dws dws 3 days ago
InterDigital Wins Two CSI Awards for Best Immersive Video and Video Processing Technology
Company Release - 9/16/2024
InterDigital awarded for contributions to MPEG immersive standards and Advanced HDR solutions
WILMINGTON, Del., Sept. 16, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, was awarded two CSI Awards recognizing excellence in video processing solutions and the delivery of immersive video experiences. The CSI awards, organized by the Cable and Satellite International (CSI) Magazine, recognize innovation and excellence in the cable, satellite, broadcast, IPTV, telco, broadband/OTT video, mobile TV and associated sectors. The annual awards are presented at the International Broadcasting Convention (IBC) and were announced on September 13, 2024.

“The prestigious CSI Awards have recognized the impact of our foundational research on immersive video and HDR solutions, and I congratulate our team of engineers and inventors who made this recognition possible,” said Chief Technology Officer Rajesh Pankaj. “These awards are a testament to the caliber of our research and innovation impact across the industry.”

In the category of Best Immersive Video, InterDigital was awarded for cutting-edge video innovation and contributions to MPEG immersive standards that play a significant role in ensuring interoperability across immersive experiences, maintaining data rates that are sustainable, and innovating solutions to deliver immersive experiences at scale. The MPEG Visual Volumetric Video-based Coding (V3C) standard defines the general mechanism for coding and streaming volumetric content through two main codecs: Video-based Point Cloud Compression (V-PCC) and MPEG Immersive Video (MIV). InterDigital is a leading contributor to both codecs, which can be applied across a variety of immersive-enhanced experiences, from entertainment, to telelearning, and increasingly to the delivery of live and esports, with assurance that the content can be enjoyed efficiently and seamlessly at scale across a variety of devices. InterDigital is also a pioneer in the MPEG-I Haptics standard, which will outline how to create, stream, and render haptic content at scale, and is exploring how to translate and distribute large scale haptic-enhanced immersive video experiences to audiences with varying device capabilities and requirements.

In the category of Best Video Processing Technology, InterDigital was awarded for contributions to Advanced HDR by Technicolor solutions that optimize HDR technology for OTT streaming by providing a superior viewing experience without increasing processing and bandwidth requirements. A collaboration between InterDigital, Philips and Technicolor, Advanced HDR by Technicolor is a suite of high dynamic range (HDR) production, distribution and display solutions that leverage machine learning to maximize the image quality of any HDR format. Ensuring legacy SDR content meets modern HDR standards, InterDigital contributes to Advanced HDR capabilities that empower seamless integration of SDR and HDR content into a single workflow, while reducing costs through automatic conversion.

To learn more about the 2024 CSI Award winners, please click here.
👍️ 1
dws dws 3 days ago
InterDigital Announces Annual Recurring Revenue Target Of $1 Billion By 2030
Company Release - 9/16/2024
WILMINGTON, Del., Sept. 16, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, has announced targets of $1 billion in annual recurring revenue and $600 million in adjusted EBITDA by 2030.

“In the past four years, we have almost doubled our revenue, improved our execution across the business, and taken multiple steps to enhance shareholder value,” noted Liren Chen, President and CEO, InterDigital. “Based on our world-class innovation in wireless, video and AI, accelerating momentum across the business, the large addressable markets available to us, and new greenfield opportunities, we believe we are perfectly positioned to deliver significant growth in revenue and profitability in coming years.”

InterDigital’s executive team announced and discussed the new targets at a recent investor day. Links to investor day materials can be found below:

The presentation is here.

A full replay is here.

About InterDigital®

InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit the InterDigital website: www.interdigital.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding our current beliefs, plans and expectations. Words such as “believe,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “forecast,” “goal,” “could,” "would," "should," "if," "may," "might," "future," "target," "trend," "seek to," "will continue," "predict," "likely," "in the event," and variations of any such words or similar expressions are intended to identify such forward-looking statements.

Forward-looking statements are made on the basis of management’s current views and assumptions and are not guarantees of future performance. Forward-looking statements are inherently subject to risks and uncertainties that could cause actual results, and actual events that occur, to differ materially from results contemplated by the forward-looking statements. These risks and uncertainties include, but are not limited to: (i) unanticipated delays, difficulties or accelerations in the execution of patent license agreements; (ii) the resolution of current legal proceedings, including any awards or judgments relating to such proceedings, additional or related legal proceedings, including appeals, changes in the schedules or costs associated with such proceedings or adverse rulings; (iii) our ability to leverage our strategic relationships and secure new patent license agreements on acceptable terms; (iv) our ability to enter into sales and/or licensing partnering arrangements for certain of our patent assets; (v) our ability to expand our revenue opportunities by entering into licensing arrangements with video streaming and other cloud-based service providers; (vi) our ability to enter into partnerships with leading inventors and research organizations; (vii) our ability to identify and pursue strategic acquisitions of technology and patent portfolios and other strategic growth opportunities; (viii) our ability to commercialize our technologies and enter into customer agreements; (ix) the failure of the markets for our current or new technologies to materialize to the extent or at the rate that we expect; (x) our continued ability to develop new technologies and secure new patents, including the risk of unexpected delays or difficulties related to the development of our technologies; (xi) risks associated with our capital allocation strategies, including risks associated with our planned dividend payments and share repurchases; (xii) changes in our interpretations of, and assumptions and calculations with respect to the impact on us of, the 2017 Tax Cuts and Jobs Act, as well as further guidance that may be issued regarding such act; (xiii) risks related to the potential impact of new accounting standards on our financial position, results of operations or cash flows; (xiv) failure to accurately forecast the impact of our restructuring activities on our financial statements and our business; (xv) the timing and impact of potential regulatory, administrative and legislative matters; (xvi) changes or inaccuracies in market projections; (xvii) our ability to obtain liquidity though debt and equity financings; (xviii) the potential effects that macroeconomic uncertainty could have on our financial position, results of operations and cash flows; (xix) impacts from acts of terrorism, war or political or civil unrest, or any responses thereto, in the United States or elsewhere; (xx) changes in our business strategy; (xxi) changes or inaccuracies in our expectations with respect to royalty payments by our customers and (xxii) risks related to our assumptions and application of relevant accounting standards, including with respect to revenue recognition.

We undertake no duty to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.

InterDigital Contact:
InterDigital Investor Relations
Email: investor.relations@interdigital.com
+1 (302) 300-1857
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lumpy3 lumpy3 6 days ago
IBC demo in amsterdam today must be turning some heads ? anyone have anything on this
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scooby5 scooby5 1 week ago
--Roth MKM Adjusts Price Target on
InterDigital to $160 From $146, Maintains Buy
Rating
MT Newswires 08:08AM ET, 09/11/2024
👍️ 2
badgerkid badgerkid 1 week ago
Short interest finally saw a drop:
08/30/2024 4,396,565
08/15/2024 4,999,206
07/31/2024 4,982,695
07/15/2024 4,924,689
06/28/2024 4,650,211
06/14/2024 4,457,754
05/31/2024 4,404,119
05/15/2024 3,680,204
👍️ 2
Gamco Gamco 1 week ago
Jefferies analyst Blayne Curtis says InterDigital set “strong” long-term targets and provided significant detail on the ongoing business, adding that the largest update at the company’s investor day was the quantification of the streaming potential. While the event provided a good view into the opportunity ahead, and the firm sees more room for the upside case following the investor day, it still views InterDigital as “a show me story” without more evidence on the ability to get China smartphone vendors and greenfield streaming companies to pay. Jefferies has a Hold rating and $130 price target on InterDigital shares.
👍️ 1
orientbull orientbull 1 week ago
I believe the 1b+ is recurring only, if I am not mistaken, per the investor day presentation. Hence, the total revenue (recurring plus catchup) and the per share earning of $19 as stated on the last post would be higher..AMHO..
👍️ 1
orientbull orientbull 1 week ago
IMO...assuming 408 million in Recurring in 2024 (assuming same as 2023), from investor day presentation, to grow Recurring from 408m to 1billion+ in 6 years, the CAGR would be roughly 16. Assuming 60% margin, before tax earning would be 600m. Assuming 21% tax, after tax would be 480m and using the 25m shares, the after tax earning would be roughly 19...Using a PE of 10, the share price should be 190 and if using the PE of 16, the share price would be 300...The key will be execution by the management team to reach the target in 2030.
👍️ 2
Paullee Paullee 1 week ago
BoA not impressed, keeps target at 100- says the future has to be proven

Roth MKM raises target to 160 from 146
👍️ 1
lumpy3 lumpy3 1 week ago
1 billion in revenue est 2030...profit margin 70%,,,puts net revenue at 700 million , with 25 million shares gives it a $28 pre tax, then the multiple times earnings at 20 ? pretty nice...wishful thinking,
👍️ 2
LAF18 LAF18 1 week ago
Thanks Howard Goldberg.
👍️ 1
my3sons87 my3sons87 1 week ago
They can put the transmission in the Gremlin.
👍️0
Gamco Gamco 1 week ago
sammdogg1 - I had the same thought about the transmission! LOL
👍️0
amrwonderful amrwonderful 1 week ago
How about the keys to the ignition.
👍️0
sammdogg1 sammdogg1 1 week ago
Now all we have to do is find that pesky transmission.
👍️0
investtemp investtemp 1 week ago
Anyone want to give some details as why? Mr Market sure doesn't seem impressed>
👍️0
Gamco Gamco 1 week ago
orientbull - I certainly agree. This is (in my opinion) the best presentation the company has ever offered. If you have registered for the live presentation, you may submit questions at this time.
👍️0
orientbull orientbull 1 week ago
Excellent presentations on investor day..Undervalued company compared to peers..IMO.. the stock will go much higher compared to the current price..AMHO
👍️0
orientbull orientbull 1 week ago
From investor day, Target: 1B+ revenue company by 2030..500m recurring in smartphones by 2027...eom
👍️0
dws dws 1 week ago
nterdigital Announces Increase of Regular Quarterly Cash Dividend
Company Release - 9/10/2024
WILMINGTON, Del., Sept. 10, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has approved an increase in the company’s quarterly cash dividend from $0.40 to $0.45 per share.

The increase in the regular quarterly dividend will take effect beginning with the dividend paid in fourth quarter 2024. The Board of Directors also declared a regular quarterly cash dividend of $0.45 per share on its common stock, payable on October 23, 2024, to shareholders of record at the close of business on October 9, 2024.
👍️0
Paullee Paullee 1 week ago
Dividend bump to .45/qtr
👍️ 1
Gamco Gamco 1 week ago
InterDigital CEO Calls Company an "Engine" in Telecomm Industry
05 SEP 2024

Liren Chen, CEO & President of InterDigital (IDCC), says his company has "one of the most profitable portfolios" in the industry. He joins Oliver Renick to talk about InterDigital's partnerships with Alphabet (GOOGL) and Apple (AAPL), and how the company is positioning itself in the A.I. trade.

https://schwabnetwork.com/video/interdigital-ceo-calls-company-an-engine-in-telecomm-industry
👍️0
sinceIMM sinceIMM 1 week ago
I'm still ahead on those shares I bought in 1991 for $3 and change, which is nice. I'm hoping to receive total consciousness.
👍️0
my3sons87 my3sons87 1 week ago
Down $7 in a week, and red to day. What gives. Why they do downward movement.

Hey shorts are you having fun. Goodness will change the price direction. At this point we do not know how the quarter will end in 20 days. However, it may be a surprise to all.
👍️0
dws dws 1 week ago
At 6GSymposium, InterDigital to Lead Crucial Discussions on Emerging Use Cases and Avenues Towards 6G Profitability
Company Release - 9/9/2024
CTO Rajesh Pankaj and Head of Wireless Labs Milind Kulkarni among speakers as InterDigital returns as Symposium partner
WILMINGTON, Del., Sept. 09, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, announced its return to the 6GSymposium alongside partners Northeastern University Institute for the Wireless Internet of Things, Next G Alliance, and host 6GWorld. InterDigital is a founding partner of the 6GSymposium, which is now in its fifth year. The 2024 Fall Symposium focuses on “Crucial Conversations” and invites leaders in technology, policy, and business to discuss the fundamental issues facing 6G development, including the value it can create and where it is best applied.

The 6GSymposium will take place in Washington, D.C. on September 23 - 24 and will feature executive and expert panel discussions with industry leaders, including InterDigital CTO Rajesh Pankaj and Head of Wireless Labs Milind Kulkarni. Doug Castor, InterDigital’s Senior Director and Head of Wireless Research will introduce a keynote session exploring the most compelling use cases for the ‘next G’ and participate in a panel exploring the global standards ushering in new wireless capabilities and services.

The following details InterDigital’s participation in the Symposium.

Monday, September 23

What’s The Most Compelling Use Case for the Next G? 1:00 – 2:00

InterDigital’s Doug Castor will introduce this keynote conversation featuring perspectives from FCC Commissioner Geoffrey Starks, Nokia President of Bell Labs Core Research Peter Vetter, ATIS VP of Technology Policy and Government Affairs David Young, and TIA CEO David Stehlin on the possible avenues to make 6G more likely to be important and useful to end users. More here.

How Do We Make the 6G Transformation Profitable? 3:30 – 4:30

In a panel discussion exploring the avenues to ensure the 5G to 6G transition is one of technical and commercial growth, InterDigital’s Rajesh Pankaj will share insights on the role of innovation and standardization to enhance the ROI for 6G and will speak alongside industry executives including Rakuten Symphony CMO Geoff Hollingworth, Accenture Cloud First Chief Strategy Officer Jefferson Wang, and Echostar CTO Eben Albertyn. The panel will be moderated by More with Mobile Founder Ken Figueredo. More here.

Tuesday, September 24

New Features to Enable New Markets 11:30 – 1:00

The success of a 6G-era cellular market is likely to demand new services that have not been seen in prior generations and will depend on key technology enablers for growth. In this session, InterDigital’s Milind Kulkarni will share his expertise on emerging 6G features and capabilities, alongside industry experts Diane Rinaldo, Executive Director of the Open RAN Policy Coalition, Ray Dolan, CEO of Cohere Technologies, and Mark Kahn, Senior Fellow and Principal Investigator for 5G.Mil at Lockheed Martin. The discussion will be moderated by Ian Wong, Senior Director in the Office of the CTO at Viavi. More here.

A Global Next G: Global Standards, Global Services? 2:45 – 3:30

While institutions like the ITU and 3GPP present a global standards framework to usher in new generations of communications capabilities, countries around the world are exploring distinct agendas and avenues to leverage the possibilities of a ‘global’ 6G. InterDigital’s Doug Castor, Co-Chair of the ATIS Next G Alliance Steering Group, will join Bharat 6G Alliance Board Member Kiran Kuchi, Director of NICT’s Beyond 5G Design Initiative Kentar Ishizu, and ITRI Research Consultant Mitch Tseng in this discussion moderated by SNS-JU Head of Programmes Javier Albares. More here.

The full 6GSymposium agenda and registration details can be found here.

About InterDigital ®

InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

InterDigital Contact:
Roya Stephens
Email: Roya.Stephens@interdigital.com
+1 (202) 349-1714
👍️ 1
Gamco Gamco 2 weeks ago
lumpy3 - You've caught the same connection regarding the Germany exclusion situation with Lenovo that I noticed. Looking at the link from Lenovo about the new products they will introduce, I feel some are definitely covered in this litigation with InterDigital.
Maybe our Investor Day event on Tuesday will help us understand.
👍️ 1
lumpy3 lumpy3 2 weeks ago
gamco could you elaborate ? keeping up with the court cases, the UK case was under appeal due to the rate settings , and i thought lenovo was banned in germany in their court case ? so would this be an indicator of the settlement with lenovo or is this an indication attempt at buying favor in the german economy ?....it still amazes me that we only have a 13.4 p/e , it seems with our growth rates we should be at 20+
👍️0
Gamco Gamco 2 weeks ago
Why would Lenovo choose Germany to promo their newest laptops? Makes me wonder???

Berlin, Germany – 5 September 2024 – Lenovo™, a global leader in technology innovation, proudly announces a series of groundbreaking products at Lenovo Innovation World 2024, each designed to redefine the future of professional computing and artificial intelligence. At a special event hosted in Berlin, the highlights include the newly designed premium...

https://news.lenovo.com/pressroom/press-releases/lenovo-unveils-groundbreaking-ai-pc-innovations-at-lenovo-innovation-world-2024-to-power-business-users-in-the-ai-era/

.
👍️0
scooby5 scooby5 2 weeks ago
It must be our unattractive PE ratio of 13.52 that is keeping the share price under $140.00
👍️0
amrwonderful amrwonderful 2 weeks ago
A line from the article. "With a short interest of 20%, InterDigital, Inc. (NASDAQ:IDCC) is a stock that many short sellers consider to be a bad investment."

So is IDCC a bad investment for short sellers? or are the short sellers, out of the kindness in their hearts, telling longs that IDCC is a bad investment?
👍️0
tnyellowtomcat tnyellowtomcat 2 weeks ago
This AR "Warning, danger, danger, Will Robinson" article on AR and IDCC is obviously a brainchild of the shorts in IDCC. It may come up to bite them in the A$$, if Augmented Reality becomes as popular as Artificial Intelligence.

IDCC will come up in more searches on AR as a result of this article. More IDCC buyers faster, if AI gets trendy!

IMHO - Tomcat
👍️0
my3sons87 my3sons87 2 weeks ago
A blood red day on the 1st trading day of September.
👍️0
amrwonderful amrwonderful 2 weeks ago
Well that was an interesting beginning to September...what a hammering to the market.
👍️0
Gamco Gamco 3 weeks ago
InterDigital, Inc. (IDCC): Legal Challenges and Revenue Fluctuations Make It a Risky AR Stock

Fatima Farooq
Sat, Aug 31, 2024, 10:40 PM EDT

https://finance.yahoo.com/news/interdigital-inc-idcc-legal-challenges-024005897.html


Sat, Aug 31, 2024, 10:40 PM 

👍️0
Gamco Gamco 3 weeks ago
IDCC to Demonstrate Cutting Edge Video Innovation: Stock to Gain?

InterDigital, Inc. IDCC recently announced that it will demonstrate its leading-edge Video innovations, such as Advanced HDR by Technicolor and the V3C (Video Based Coding) Immersive Platform, at the International Broadcasting Convention (IBC) 2024. The IBC 2024 is set to take place in Amsterdam from Sep. 13-16.

The company is set to display its MPEG Visual Volumetric V3C Immersive Platform, a collaborative innovation of IDCC and Philips. The solution enables visualization, testing, and demonstration of volumetric content, and supports real-time V-PCC (Video-based Point Cloud Compression) and MPEG Immersive Video rendering on various devices.

One of the major highlights at IBC will be the Advanced HDR solution. Co-developed with Philips, the technology is designed to deliver consistent, high-quality HDR (High Dynamic Range) content across various devices and markets. At the Ultra HD Forum, IDCC will showcase the benefits of Advanced HDR solutions for different broadcasting standards, including the Advanced Television Systems Committee (ATSC) in the United States and Brazil's digital television broadcasting standards, Sistema Brasileiro de Televisão Digital.

In collaboration with its partners Ateme, Fraunhofer and Hisense, InterDigital will also showcase encoder and display solutions that utilize innovative technologies, including Advanced Video Coding, Versatile Video Coding, HDR, Advanced HDR and more.

Moreover, InterDigital will display the use of Advanced HDR in Europe’s live sports events and content distribution in the United States. The solutions efficiently facilitate automatic and tunable conversions of SDR (Standard Dynamic Range) to HDR and vice versa to support all distribution formats. Such features are particularly vital for live sports broadcasts and other emerging use cases where maintaining visual quality across different devices is crucial.

Will IDCC Stock Gain From Steady Technological Innovation?
Demonstration of Advanced HDR and the V3C Immersive Platform not only underscores InterDigital technological leadership but also highlights its capability to deliver state of art video technology to match the evolving trends in the global media and entertainment industry. Volumetric video technology is gaining traction, driven by rising demand for immersive and interactive content. Management’s strong emphasis on innovation and portfolio expansion tailored to current market shifts bodes well for its long-term growth prospects.

The stock has gained 58% over the past year compared with the industry’s growth of 45.8%.

https://www.msn.com/en-us/money/companies/idcc-to-demonstrate-cutting-edge-video-innovation-stock-to-gain/ar-AA1pFcVt
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Gamco Gamco 3 weeks ago
IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF NORTH CAROLINA

WESTERN DIVISION
Case No. 5:23-cv-00493-FL

INTERDIGITAL INC.,
INTERDIGITAL VC HOLDINGS, INC.,
INTERDIGITAL PATENT HOLDINGS,
INC., and INTERDIGITAL MADISON
PATENT HOLDINGS SAS,
Plaintiffs,
v.
LENOVO (UNITED STATES) INC.,
MOTOROLA MOBILITY LLC, and
LENOVO PC HK LIMITED,
Defendants.

LENOVO’S PARTIAL OBJECTION TO THE ORDER COMPELLING PRODUCTION

PURSUANT TO FED. R. CIV. P. 72(a)

Case 5:23-cv-00493-FL-RN Document 152 Filed 08/27/24 Page 1 of 9

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I. INTRODUCTION
To ensure a complete examination of InterDigital’s licensing activities, Lenovo requests
that the Court modify one small, but critical part of the August 13, 2024 Order (“Order”). ECF
No. 145 at 3-5. On August 13, 2024, Magistrate Judge Numbers compelled InterDigital to
produce most of the discovery Lenovo requested. The Order denied Lenovo’s requested relief in
one key respect, however. The Order erroneously concluded that “offers that InterDigital has
made to others to license its patents are not relevant to the claims and defenses.” By narrowly
focusing on which demand would qualify under the statute as the bad-faith act, the Order
overlooked the core of Bad-Faith Factor 5. Bad Faith Factor 5 expressly compares InterDigital’s
bad-faith demand to Lenovo with InterDigital’s ostensibly good-faith demands to others (which
are likely to reflect “reasonable estimate[s] of the value of the license.”). N.C. Gen. Stat. § 75-
143(a)(5). Because good-faith offers that InterDigital has made to others to license its patents
reflect reasonable estimates of the value of the license, InterDigital’s offers to others are relevant
to the bad-faith offers InterDigital made to Lenovo. That makes these highly relevant offers
discoverable. Modification of the Order under Rule 72 is called for because the Order rests on a
misapplication of the law. Fed. R. Civ. P. 72(a). A proper application of Bad Faith Factor 5
must account for the comparison between the unlawful bad-faith offer to Lenovo and good-faith
offers to others. Discovery of these good-faith offers should be permitted.
II. LEGAL STANDARD
A. Review of Magistrate Judge Rulings
Under Fed. R. Civ. P. 72(a) and Local Rule 72.4(a) when a party timely objects to a
Magistrate Judge’s order, the District Court judge must consider “and modify or set aside any
part of [such] order found to be clearly erroneous or contrary to law.” Fed. R. Civ. P. 72(a). “A
factual finding is clearly erroneous when the [] court is left with the definite and firm conviction

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2

that a mistake has been committed.” TFWS, Inc. v. Franchot, 572 F.3d 186, 188 (4th Cir. 2009).
“A ruling that is contrary to law is one where ‘the magistrate judge has misinterpreted or
misapplied applicable law.’” Jones v. Campbell Univ., No. 5:20-CV-29-BO, 2021 U.S. Dist.
LEXIS 134762, at *10 (E.D.N.C. July 19, 2021) (quoting Kounelis v. Sherrer, 529 F. Supp. 2d
503, 518 (D.N.J. 2008)). “‘Contrary to law’ indicates plenary review of legal conclusions,” i.e.,
review de novo. Vaitkuviene v. Syneos Health, Inc., No. 5:18-CV-29-FL, 2021 U.S. Dist. LEXIS
163473, at *17 (E.D.N.C. Aug. 30, 2021).
B. Scope of Discovery
A party “may obtain discovery regarding any nonprivileged matter that is relevant to any
party’s claim or defense.” Fed. R. Civ. P. 26(b)(1). Discovery rules are to be “accorded broad
and liberal treatment to effectuate their purpose that civil trials in the federal courts no longer
need be carried on in the dark.” Schlagenhauf v. Holder, 379 U.S. 104, 114-15 (1964). The
scope of discovery is broad. Beach Mart v. L&L Wings, No. 2:11-CV-00044-F, 2015 U.S. Dist.
LEXIS 201134, at *4 (E.D.N.C. May 5, 2015). When a party fails to answer an interrogatory or
to produce documents, the party seeking such discovery may move for an order compelling an
answer and production. Fed. R. Civ. P. 37(a)(3). The party opposing a motion to compel bears
the burden to demonstrate why discovery should not be granted. Silicon Knights, Inc. v. Epic
Games, Inc., 917 F. Supp. 2d 503, 533 (E.D.N.C. 2012), aff’d, 551 F. App’x 646 (4th Cir. 2014).
III. ARGUMENT
A. InterDigital’s Offers to License the Patents to Others Are Evidence of
InterDigital’s Own Good-Faith Estimate of Value for Bad Faith Factor 5
InterDigital’s good-faith estimates of the value of the Asserted Patents during licensing
negotiations with others is material to Lenovo’s NCAPAA counterclaim. Under the NCAPAA,
“t is unlawful for a person to make a bad-faith assertion of patent infringement,” which the

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3

statute measures using twelve bad-faith factors. N.C. Gen. Stat. § 75-143(a). Central to
Lenovo’s counterclaim is Bad Faith Factor 5, which considers the bad-faith value of the
patentee’s licensing demand compared to the good-faith value of the patent license: “[t]he person
offers to license the patent for an amount that is not based on a reasonable estimate of the value
of the license . . . .” Id. § 75-143(a)(5).
Shortly after the Court denied InterDigital’s motion to dismiss Lenovo’s NCAPAA
counterclaim, Lenovo asked InterDigital to supplement responses to specific discovery requests
and produce documents related to the counterclaim, including Interrogatory No. 4. That
Interrogatory seeks, in part, a detailed description of InterDigital’s “efforts to license, or
otherwise exploit the Asserted Patents and/or Related Patents or Applications in the United
States.” ECF No. 108-9 (Lenovo’s Interrogatory No. 4). The Interrogatory also explains that a
complete response would include “all terms of such agreements, including all drafts, licensing
fees and/or licensing Rate[.]” Id. Because InterDigital refused to produce all responsive
information or respond fully to this interrogatory, Lenovo moved to compel. ECF No. 106. The
court granted nearly all of Lenovo’s requested relief, denying only discovery related to Bad Faith
Factor 5. ECF No. 145.
But the Order misunderstands Bad Faith Factor 5. The Order concludes that the focus of
Bad Faith Factor 5 is InterDigital’s unlawful bad-faith demand to Lenovo. Order at 5. While
that is part of Bad Faith Factor 5, it is not what is fully contemplated by the factor. It is true that
with respect to Bad Faith Factor 5, what matters is whether InterDigital made a bad-faith demand
to Lenovo. But that cannot be confirmed without knowing what good faith demands were made
to others. The text of Bad Faith Factor 5 confirms that additional information can be used to
determine whether InterDigital’s offer to Lenovo was in bad faith. Factor 5 considers the value

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4

of the patentee’s licensing demand relative to the value of the patent license: “[t]he person offers
to license the patent for an amount that is not based on a reasonable estimate of the value of the
license[.]” Id. § 75-143(a)(5). The plain language of the factor compares the value of
InterDigital’s unlawful bad-faith demand to Lenovo against “a reasonable estimate of the value

of the license,” i.e., good-faith valuations. Id. While the factor is focused on InterDigital’s bad-
faith demand to Lenovo the Order erred by not considering that InterDigital’s good-faith offers

to others informs the factor’s the comparison—the “reasonable estimate of the value of the
license.” Id. Because of this misapplication, the Order prevents Lenovo from juxtaposing
InterDigital’s bad-faith demand to Lenovo with InterDigital’s ostensibly good-faith offers to
others.
InterDigital’s good-faith offers to others are probative of the “reasonable estimate of the
value of the license” and are thus discoverable. “A discovery request is relevant if there is any
possibility that the information sought might be relevant to the subject matter of [the] action.”
Hicks v. Hous. Baptist Univ., No. 5:17-CV-629-FL, 2020 U.S. Dist. LEXIS 8382, at *5
(E.D.N.C. Jan. 17, 2020). Properly applies, InterDigital’s good-faith offers to others bear on Bad
Faith Factor 5 because those offers reflect the value of the license. See, e.g., Curtis Mfg. Co. v.
Plasti-Clip Corp., 933 F. Supp. 94, 100 (D.N.H. 1995) (“One such factor is the prior or existing
royalties received by the patentee for the licensing of the patent in question. Related to this factor
is evidence of prior offers to license by the patentee.”); 6A Chisum on Patents § 20.03 (2024)
(“If the owner chooses to exploit the patent through offering licenses at an established royalty
rate, that rate is the appropriate basis for recovery.”). The Federal Circuit has held that even
“license proposals,” which are akin to InterDigital’s offers to others, “should carry considerable
weight in calculating a reasonable royalty” and may be relevant to determining a reasonable

Case 5:23-cv-00493-FL-RN Document 152 Filed 08/27/24 Page 5 of 9

5

royalty. Unisplay, S.A. v. Am. Elec. Sign Co., 69 F.3d 512, 519 (Fed. Cir. 1995). InterDigital’s
good-faith offers to license the Asserted Patents to others are thus probative of the Bad Faith
Factor 5’s inquiry into the “reasonable estimate of the value of the license.” The Court should
therefore modify the Order and compel InterDigital to produce all offers to license the Asserted
Patents in negotiations with others.
B. Modification of the Order to Compel InterDigital to Produce Valuations of
the Asserted Patents in Negotiations with Others is Warranted
Modification of the Order under Fed. R. Civ. P. 72(a) and Local Rule 72.4(a) is
appropriate here because the Order “misapplied applicable law.” Jones, No. 5:20-CV-29-BO,
2021 U.S. Dist. LEXIS 134762, at *10. The Order correctly observes (at 3), that when called
upon to interpret a North Carolina statute, the Court must use the interpretative methodology set
out by the North Carolina Supreme Court. See Wynn v. Frederick, 385 N.C. 576, 581, 895
S.E.2d 371, 377 (2023); see also Wells v. Liddy, 186 F.3d 505, 528 (4th Cir. 1999). The
interpretative framework in North Carolina is purposivism. See Whitmire v. Southern Farm
Bureau Life Ins., 52 F.4th 153, 157 (4th Cir. 2022). The North Carolina Supreme Court
explained how courts should apply purposivism to interpret state statutes: “courts should always
seek to give effect to the legislative intent, which may be discerned by consideration of the
purpose of the statute, ‘the evils it was designed to remedy, the effect of proposed interpretations
of the statute, and the traditionally accepted rules of statutory construction.’” State v. Gaines,
332 N.C. 461, 469, 421 S.E.2d 569, 572 (1992) (quoting State v. Tew, 326 N.C. 732, 738, 392
S.E.2d 603, 607 (1990)). The goal of this methodology is “to determine the meaning that the
legislature intended upon the statute’s enactment.” State v. Rankin, 371 N.C. 885, 889, 821
S.E.2d 787, 792 (2018). The intention of the legislature is derived “from the plain language of
the statute, then from the legislative history, the spirit of the act and what the act seeks to

Case 5:23-cv-00493-FL-RN Document 152 Filed 08/27/24 Page 6 of 9

6

accomplish.” Id. And “where [a] statute is ambiguous or unclear as to its meaning, the courts
must interpret the statute to give effect to the legislative intent.” Frye Reg’l Med. Ctr., Inc. v.
Hunt, 350 N.C. 39, 45, 510 S.E.2d 159, 163 (1999).
The Order correctly looks first to the plain words of the Bad Faith Factor 5 to determine
the legislature’s intent. Order at 3. But it erred when it concluded that the plain language of Bad
Faith Factor 5 requires the bad-faith factor to be conducted in a vacuum—without reference to
any evidence of what the defendant considers to be a good-faith offer to others. Id. The plain
words of Bad Faith Factor 5 consider the value of the patentee’s licensing demand relative to a
reasonable estimate of the value of the patent license: “[t]he person offers to license the patent
for an amount that is not based on a reasonable estimate of the value of the license[.]” Id. § 75-
143(a)(5). The plain language, therefore, contemplates comparison of InterDigital’s demand of
Lenovo with other “reasonable estimate[s] of the value of the license,” which includes
InterDigital’s own good-faith offers to license the Asserted Patents in negotiations with others.
Id. Lenovo should be able to compare InterDigital’s bad-faith demand to Lenovo with
InterDigital’s good-faith demand to others. Because the plain language of Bad Faith Factor 5
unambiguously considers a comparison between InterDigital’s demand of Lenovo and other
estimates of the value of a license, the Order should have applied the factor as written and
allowed discovery into the offers made by InterDigital to others. Wynn, 385 N.C. at 581; see
also Eisenbise v. Crown Equip. Corp., No. 15-CV-972-AJB-WVG, 2015 U.S. Dist. LEXIS
194898, at *6 (S.D. Cal. Dec. 4, 2015) (holding “misapplication of the Federal Rules” was
subject to de novo review). InterDigital’s good-faith representations about the value of the
Asserted Patents in negotiations with others are highly relevant to Bad Faith Factor 5 and thus
InterDigital should be compelled to produce them.

Case 5:23-cv-00493-FL-RN Document 152 Filed 08/27/24 Page 7 of 9

7

IV. CONCLUSION
For reasons above, the Court should modify the Order and compel InterDigital to
produced the valuations of the Asserted Patents in negotiations with others.
Dated: August 27, 2024 Respectfully submitted,

By: /s/ Raymond M. Bennett
Raymond M. Bennett (NC Bar No. 36341)
WOMBLE BOND DICKINSON (US) LLP
555 Fayetteville Street, Suite 1100
Raleigh, NC 27601
Tel: (919) 755-2158
Fax: (919) 755-6068
Ray.Bennett@wbd-us.com
Jacob S. Wharton (NC Bar No. 37421)
WOMBLE BOND DICKINSON (US) LLP
One West 4th St.
Winston-Salem, NC 27601
Tel: (919) 747-6609
Jacob.Wharton@wbd-us.com
Adam Shartzer
FISH & RICHARDSON P.C.
1000 Maine Ave SW
Washington, D.C. 20024
Tel: (202) 626-6380
shartzer@fr.com
Special Appearance Pursuant to L.R. 83.1
Jack R. Wilson IV
FISH & RICHARDSON P.C.
1000 Maine Ave SW
Washington, D.C. 20024
Tel: (202) 626-6415
jwilson@fr.com
Special Appearance Pursuant to L.R. 83.1
Attorneys for Defendants
Lenovo PC HK Limited, Lenovo (United States)
Inc., and Motorola Mobility LLC

Case 5:23-cv-00493-FL-RN Document 152 Filed 08/27/24 Page 8 of 9

8

CERTIFICATE OF SERVICE

I hereby certify that on August 27, 2024, the foregoing document was served upon all
counsel of record via the CM/ECF system.

/s/ Raymond M. Bennett
Raymond M. Bennett

Case 5:23-cv-00493-FL-RN Document 152 Filed 08/27/24 Page 9 of 9
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jealmc79 jealmc79 3 weeks ago
Probably has more to do with an insider selling shares. Don’t worry though, the 2024 warrants start expiring next Tuesday thru mid December. I expect a nice rise in the share price during this time so that the warrant holders can collect the most shares.
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tnyellowtomcat tnyellowtomcat 3 weeks ago
Price manipulation by those dirty, smelly, stiiinnnnkkkkey shorts!

Tomcat
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my3sons87 my3sons87 3 weeks ago
Price manipulation has been going for at least a couple of weeks.
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dws dws 3 weeks ago
InterDigital to Showcase Excellence in Broadcast and Immersive Video Solutions at IBC 2024
Company Release - 8/29/2024
InterDigital innovation impact on display alongside industry partners and collaborators at Ultra HD Forum, 5G-MAG Insights, and CSI Awards
WILMINGTON, Del., Aug. 29, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, will showcase state-of-the-art video innovation at the International Broadcasting Convention (IBC), taking place in Amsterdam from September 13 – 16. InterDigital will demonstrate at IBC alongside partners at the Ultra HD Forum, IABM lounge, and 5G-MAG Insights Tech Conference to amplify the impact of immersive video codecs and implementations of Advanced HDR by Technicolor solutions that empower consistent, high-quality HDR content delivery across devices and markets.

Jointly developed by InterDigital and Philips, Advanced HDR by Technicolor® is a suite of High Dynamic Range (HDR) production, distribution and display solutions that maximize image quality and enhance the consumer viewing experience. Our contributions to the Advanced HDR solutions offer the only HDR streaming format that brings HDR to consumers without any bitrate penalty or change to the standard dynamic range (SDR) workflow. At IBC, InterDigital and Philips will showcase the increasingly important role Advanced HDR solutions play in efficiently broadcasting HDR content across diverse distribution formats.

Experience the Demos at Ultra HD Forum and IABM

At the Ultra HD Forum booth in Hall 3, #B.21, InterDigital will highlight the advantages of Advanced HDR by Technicolor solutions for the Advanced Television Systems Committee (ATSC) and Brazil's Sistema Brasileiro de Televisão Digital (SBTVD) Forum. Advanced HDR by Technicolor is the only solution currently providing continuous, live HDR content via ATSC 3.0 stations -- also known as NEXTGEN TV -- across the U.S., and it has been included in the SBTVD TV 2.5 and TV 3.0 standards in Brazil. Advanced HDR by Technicolor, Fraunhofer and Hisense participated in a showcase held by Globo -- one of the largest media companies in Brazil and Latin America -- during the Paris games held this summer. InterDigital, along with Ateme, Fraunhofer, and Hisense, will jointly demonstrate encoder and display-side solutions for implementing SBTVD standards using cutting-edge technologies, such as MPEG-H, AVC, HDR, Advanced HDR by Technicolor, and VVC.

At the IABM room, InterDigital will showcase our Advanced HDR solutions offering the only Single Master Workflow. These solutions ensure automatic and tunable dynamic SDR to HDR and HDR to SDR conversions to sustain all distribution formats, which could be critical for sports and other emerging use cases. InterDigital will display the latest implementations of Advanced HDR solutions in European live sport events and live content distribution in U.S. markets.

Hear Us Present at 5G-MAG Insights

In addition to demos, InterDigital’s Valerie Allie will highlight the merits of our MPEG Visual Volumetric Video-based Coding (V3C) Immersive Platform to support the delivery of volumetric video experiences at the 5G-Media Action Group (5G-MAG) Insights Networking and Tech Conference. The presentation will take place on Friday, September 13 from 16:00 – 17:00.

InterDigital’s V3C Immersive Platform, developed alongside Philips, was recently contributed to the 5G-MAG Reference Tools to visualize, test, and demonstrate volumetric content, while supporting real-time V-PCC and MPEG Immersive Video MIV rendering on devices. 5G-MAG Reference Tools is an open-source repository that helps developers leverage standardized volumetric video technologies to explore the creation of new immersive content. Learn more and register to attend here.

Recognize Our Innovation Impact at the CSI Award

InterDigital has been shortlisted for three CSI Awards, recognizing our excellence in video processing, innovation in immersive video experiences, and solutions to mitigate the energy impact of the video value chain. Specifically, InterDigital has been shortlisted for an award recognizing Best Immersive Video for our contributions to MPEG V3C and Haptics standards, an award recognizing Best Sustainability Project or Initiative for our leading-edge research on pixel value reduction innovation and other energy-efficient solutions, and an award celebrating Best Video Processing Technology for our contributions to Advanced HDR by Technicolor solutions.

The CSI awards will be announced at IBC on September 13. Learn more about the InterDigital innovation that earned this recognition here.

To register and learn more about IBC, please click here.

About InterDigital ®

InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

InterDigital Contact:
Roya Stephens
Email: roya.stephens@interdigital.com
+1 (202) 349-1714
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badgerkid badgerkid 3 weeks ago
FWIW, short interest is virtually unchanged. On 8/15/24 it was sitting at 4.999 million shares short.
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Paullee Paullee 4 weeks ago
InterDigital gets grant for wireless resource selection based on channel busy ratio measurements
https://www.verdict.co.uk/interdigital-gets-grant-for-wireless-resource-selection-based-on-channel-busy-ratio-measurements/?cf-view
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vegas options vegas options 4 weeks ago
Badgerkid, Yes I believe that is correct. A true tell would be if and when they authorize additional buyback money.
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badgerkid badgerkid 4 weeks ago
Vegas, glad you made it home safe and somewhat sound. To your point regarding the company possibly being the buyer of more shares, in other words, we may not know if the company was the buyer until the Q3 report comes out. If they are authorized to spend the money, they aren't required to notify the market prior to or even right after the trade, but it will get reported in the quarterly. Is that correct?
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vegas options vegas options 4 weeks ago
Paullee, On 5/6/22 IDCC authorized $100M more buyback SEC filing 5/27/22. On 5/24/22 IDCC did their bond refinancing SEC filing 5/27/22. On 8/4/22 SEC filing IDCC mentioned in the Q that they bought 1.2 M shares for $74.4 M in connection with the refinancing of the bond.
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